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Why Shares in Airbus Took Off Today
The Motley Fool· 2025-05-27 18:27
Core Insights - Shares in Airbus rose by up to 4% following Vietjet's announcement to double its orders of A330neo aircraft from 20 to 40 during French President Macron's visit to Vietnam [1] - The order represents an expansion in the wide-body market rather than a new customer acquisition, as Vietjet already operates an all-Airbus fleet [2] - The Vietjet order is significant for Airbus's wide-body programs, particularly the A330neo, which had only 82 orders in 2024 and 10 orders in 2025 prior to this announcement [3] Airbus and Vietjet - Vietjet currently operates 116 narrow-body A320 family aircraft and seven wide-body A330s, indicating a strong reliance on Airbus [2] - The order from Vietjet is expected to bolster Airbus's position in the wide-body market, where it has historically lagged behind Boeing [3] Market Context - Airbus and Boeing are facing supply chain challenges that could limit production capacity, raising concerns about potential delivery delays [5] - The Vietjet order is seen as a confidence booster for Airbus's order trajectory and may encourage other airlines to place orders amid market uncertainties [5]
XTI Aerospace Announces FAA's Certification Branch Office Selection for the TriFan 600 xVTOL
Prnewswire· 2025-05-27 13:00
Ft. Worth, TX, CBO selected for TriFan 600 Type CertificationENGLEWOOD, Colo., May 27, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI"), a pioneer in xVTOL and powered-lift aircraft solutions, today announced the Federal Aviation Administration ("FAA") has selected the Ft. Worth, Texas Certification Branch Office ("CBO") within the FAA's Central Region for the TriFan 600 type certification program.Following the FAA's acceptance of XTI's formal application for Type Certification of the TriFan ...
A Very Good Month For Boeing
Forbes· 2025-05-21 20:35
Core Insights - Boeing has shown significant recovery progress under CEO Kelly Ortberg after years of struggles, including crashes, production halts, and labor strikes [1] Divestiture and Financial Impact - Boeing sold Jeppesen, a digital navigation services provider, for $10.55 billion to Thoma Bravo as part of a strategy to divest non-core assets [2] - The sale is expected to reduce Boeing's net debt by 14%, improving its balance sheet [5] Market Position and Demand - Jeppesen had a strong market position with steady cash flow from subscription revenue and a highly diversified customer base [3] - Boeing's aircraft deliveries have increased significantly, with April deliveries at roughly twice the rate of the previous year [7] International Orders and Strategic Partnerships - China has authorized the resumption of Boeing aircraft deliveries, with 50 aircraft worth approximately $1 billion scheduled for delivery [6] - Recent orders from Qatar, UAE, and Saudi Arabia have bolstered Boeing's backlog, including a record order of 210 aircraft from Qatar Airways [10][11][12] Challenges Ahead - Boeing still faces challenges, including regulatory approvals for the 737 MAX 7 and 10 and potential order shifts from United Airlines due to delivery delays [13] - Despite the recent positive developments, future orders from the Middle East may not be repeated, but the recent momentum is favorable for Boeing [14]
XTI Aerospace to Host Shareholder Town Hall on May 29
Prnewswire· 2025-05-21 13:00
ENGLEWOOD, Colo., May 21, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI"), a pioneer in xVTOL and powered-lift aircraft solutions, will host a virtual Shareholder Town Hall on Thursday, May 29, 2025, at 4:15 PM ET. Current and prospective investors as well as other interested parties are encouraged to attend. Event Details What: XTI Aerospace Shareholder Town Hall Webinar When: Thursday, May 29, 2025, at 4:15 PM ET Where: Register for the virtual event here: https://xtiaerospace.com/sharehol ...
Wizz Air receives first Airbus A321XLR aircraft powered by RTX's Pratt & Whitney GTF™ Engines
Prnewswire· 2025-05-20 16:23
Core Insights - Wizz Air has become the first operator of the Airbus A321XLR powered by GTF engines, marking a significant milestone in the airline's operations [1][2] - The GTF-powered A321XLR is expected to enhance market value and growth opportunities for airlines, with Wizz Air having a total of 47 aircraft on order [2][3] - The GTF engine offers world-class fuel efficiency and operating economics, contributing to Wizz Air's commitment to efficiency and sustainability [2][3] Company and Industry Overview - Pratt & Whitney is a leader in aircraft engine design and manufacturing, with a focus on delivering advanced technology solutions [4] - RTX, the parent company of Pratt & Whitney, is the largest aerospace and defense company globally, with projected sales exceeding $80 billion in 2024 [5] - The GTF engine family has been selected by 13 customers for over 200 A321XLR aircraft, with more than 2,200 GTF-powered aircraft delivered to over 80 customers worldwide [3]
XTI Aerospace Reports First Quarter 2025 Results and Provides Business Update
Prnewswire· 2025-05-19 20:15
Balance sheet strengthened through elimination of legacy debt and stock-based obligationsStrong TriFan 600 program execution and FAA certification progress position XTI Aerospace for upcoming pre-sales relaunchENGLEWOOD, Colo., May 19, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI Aerospace" or the "Company"), a pioneer in xVTOL and powered-lift aircraft solutions, today announced the filing of its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2025 and provided an up ...
Boeing Gets 28 Plane Order From Etihad Airways As Trump Tour Continues
Forbes· 2025-05-16 07:15
Group 1: Etihad Airways and Boeing Orders - Etihad Airways confirmed an order for 28 new Boeing long-haul aircraft during President Trump's visit, bringing the total Boeing sales announcements during the trip to 268 aircraft [2] - The new agreement includes a mix of Boeing 787 Dreamliner and 777X airplanes, with deliveries starting in 2028, supporting Etihad's plan to double its fleet by 2030 [4][6] - Etihad currently operates a fleet of 100 aircraft with an average age of 9 years and had 17 pending deliveries before this announcement [6] Group 2: Engine Orders and Industry Context - Etihad Airways selected GE Aerospace engines for the new aircraft, which aligns with Qatar Airways' recent large engine order [5] - The backlog for Boeing's 777X continues to grow, with Qatar Airways adding orders for 30 of the new 777-9 planes, contributing to a total backlog of 481 777Xs as of March [7] - The first airline expected to receive a 777-9 is Lufthansa in 2026, pending certification completion [11]
Horizon Aircraft Achieves Historic Transition to Forward Flight
Globenewswire· 2025-05-15 12:00
Core Viewpoint - Horizon Aircraft has achieved a significant technical milestone by successfully completing the full wing transition of its Cavorite X7 eVTOL aircraft, marking it as the first aircraft in the world to do so using a novel fan-in-wing design [1][2]. Company Overview - Horizon Aircraft (NASDAQ: HOVR) is an advanced aerospace engineering company focused on developing one of the world's first hybrid eVTOL aircraft, which aims to operate like a conventional aircraft while providing superior speed, range, and operational utility [4]. - The company intends to complete testing and certification of the Cavorite X7 eVTOL and scale production to meet anticipated demand from regional operators, emergency service providers, and military customers [4]. Technical Achievements - The Cavorite X7 utilizes patented fan-in-wing technology, which simplifies the transition phase of flight, enhancing safety and stability compared to competitors that face challenges in this area [2]. - The aircraft is projected to achieve enroute speeds of up to 250 mph and operational ranges exceeding 500 miles with fuel reserves, positioning it as a potential disruptor in the Regional Air Mobility (RAM) market [2]. Future Plans - Horizon Aircraft is currently constructing a full-scale, piloted technical demonstrator to further validate its innovative approach and technology [2].
Boeing and Qatar Airways Announce Historic Order for up to 210 Widebody Airplanes
Prnewswire· 2025-05-14 19:10
Core Points - Qatar Airways has announced a record-breaking order for up to 210 widebody jets from Boeing, marking the largest widebody order in Boeing's history and Qatar Airways' largest-ever order [1][5] - The order includes 130 787 Dreamliners and 30 777-9s, with options for an additional 50 aircraft [7] - This purchase is expected to support approximately 400,000 jobs in the U.S. and facilitate Qatar Airways' international expansion [1] Company Overview - Qatar Airways is a multiple award-winning airline, recognized as the 'World's Best Airline' for the eighth time in 2024, and has also won awards for 'World's Best Business Class' and 'Best Airline in the Middle East' [6] - The airline operates more than 150 Boeing airplanes, including 777 and 787 models, and will become the largest 787 Dreamliner operator in the Middle East with this new order [5][7] Environmental Commitment - Qatar Airways was the first airline in the Middle East to achieve the highest level of IATA's Environmental Assessment (IEnvA) program, demonstrating its commitment to environmental management [8] - The new aircraft order includes models designed to improve fuel efficiency and reduce emissions by 25% compared to previous aircraft [7] Operational Reach - Qatar Airways currently serves over 170 destinations worldwide, connecting through its Doha hub, Hamad International Airport, which has been recognized as the 'World's Best Airport' multiple times [9]
Boeing wins significant aircraft order from Qatar Airways
Proactiveinvestors NA· 2025-05-14 17:13
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and improve content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]